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Arias, Fábrega & Fábrega

Banking & Finance

2 ranked lawyersBand 1PanamaGlobal 2022 View ranking table
chambers review
department information
Ranked Lawyers
chambers review
department information
Ranked Lawyers

Chambers Review

Chambers Research is conducted by 200 Research Analysts, across 200 jurisdictions and provides nearly 6,000 rankings tables. Annually we collect hundreds of thousands of responses from clients, the majority via in-depth interview. Learn more about our methodology.

What the team is known for

Arias, Fábrega & Fábrega advises on a plethora of banking and finance matters. Demonstrates expert capabilities handling both regulatory and transactional matters for international financial institutions, including sector-specific M&A. Outstanding team routinely assists lead arrangers with syndicated financing structures, both secured and unsecured. Expertise encompasses corporate, acquisition and project finance mandates, with significant exposure to cross-border transactions. Team also has experience advising on aircraft financing and leasing issues.

Notable practitioners

Top-drawer partner Estif Aparicio continues to hold a leading position in Panama's banking and finance sphere. A market insider describes him as "an excellent and very experienced lawyer," while another interviewee states that he is "very technical, offers a broad knowledge of the Panamanian market and is involved in the most important transactions in the country." He continues to be well placed to assist clients with project finance, as well as with the acquisition and divestiture of banking assets. Estif Aparicio is dual-qualified to practise in both Panama and New York and has experience working at Sullivan & Cromwell LLP in New York.

Respected partner Ricardo Arango is "an extremely experienced banking lawyer with merits to spare and a very good reputation in the sector," according to an impressed observer. Another interviewee points to his longstanding practice in the market and describes him as "a reference in Panama's financial arena." Clients also benefit from his strong practice in the capital markets arena.

Department Information

This content is provided by Arias, Fábrega & Fábrega.

Overview

Representing foreign financial institutions making cross-border loans to borrowers in Panama
With continuous years of healthy economic growth and an extremely well regulated banking centre, Panama has become a real regional player in Central America, the Caribbean and perhaps the northern of South America, and a great place for Latin American banks to set up their regional headquarters, producing a lot of work in the areas in which we have significant expertise and market share like bank financing, both in the public and private sectors.

ARIFA lawyers frequently participate in government and industry committees set up to draft or revise banking laws and regulations or attend to issues pertaining to the industry. They represented diverse international Banks that have entered into credit facilities with Panamanian banks.

Recent work highlights:

  • Initial purchasers in a US$1.38 billion Senior Secured Notes by AES Panama.
  • McDermott International's restructuring of US$4.6 billion of funded debt under the protection of United States Chapter 11 bankruptcy proceedings.
  • Norwegian Cruise Line in a US$675 million revolving credit line.
  • Initial purchasers in Banistmo’s US$500 million debut international bond offering; and US$400 million second international bond offering.
  • Underwriters and initial purchasers in a US$6 billion convertible note and common stock offering by Carnival Corporation.

Members

Arias F., Fernando

Arroyo, María Carolina

Canavaggio, Donald P.

Cardoze, Rodrigo

Delvalle, Daniela

Durling Jr., Roy C.

Kinschots, Cedric

Quijano, Ana Isabel

Rubinoff, Andres

Yap Endara, Javier

Clients

Banco General

Banco Latinoamericano de Comercio Exterior, BLADEX

Bancolombia

Bank of America Merrill Lynch

BNP Paribas

CABEI

Citibank

Credit Suisse

Deutsche Bank

JPMorgan Chase

Standard Chartered Bank

The International Monetary Fund

UBS

Wells Fargo/Wachovia

Industries

Banks

Energy

Finance

Financial Services

Food & Drink

Government

Insurance

Media

Mining & Metals

Real Estate

Transportation

Travel & Leisure

Utilities

Banking & Finance

Arias, Fábrega & Fábrega

firm
Location

PH ARIFA, 9th & 10th Floors,

West Boulevard,

Santa Marina Business District,

PO Box 0816‐01098

Panama

Panama

Panama

View Firm Profile

Articles, Highlights and Press Releases

Total 5 Articles, Highlights and Press Releases

Press Release

ARIFA has advised Hotel La Compañía in the financing of a one-of-a-kind project.

Authors: Fernando Arias F,, Ana Isabel Quijano, Vivian D. Holness, Jazmín Solís, Carin Stelp

Highlight

US$1.76 billion EnfraGen’s renewables financing

Authors: Rodrigo Cardoze, Donald P. Canavaggio, Cedric Kinschots, Ana I. Quijano

Ranked Lawyers

Chambers Research is conducted by 200 Research Analysts, across 200 jurisdictions and provides nearly 6,000 rankings tables. Annually we collect hundreds of thousands of responses from clients, the majority via in-depth interview. Learn more about our methodology.

Panama

Banking & Finance


Estif Aparicio
Band 1, Foreign expert for USA
Ricardo M Arango
Band 2